Arkansas Real Estate Practice Exam

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When must an agent notify the commission to put a license in inactive status?

7 days
30 days
Immediately
14 days

The correct answer is: 7 days

When an agent wants to put their license in inactive status, they must notify the commission within 7 days. The other options are incorrect because B: 30 days is too long and leaves room for potential violations or penalties if the agent does not follow through with the notification. C: Immediately may not be feasible as there may be a process for requesting inactive status or providing documentation. D: 14 days is also too long and riskier compared to the correct answer of 7 days.